Friday Big Cake White Plate Analysis (Bullish Outlook)

Market Review

The Big Cake has recently maintained a low-level oscillation pattern. Yesterday, it rebounded to the 113000 level but faced resistance and fell back, indicating strong selling pressure above. However, the 109000 level below has firm support. If this area is held today, the rebound momentum is expected to continue.

Technical Analysis

- Range: 109000 (Support) — 113000 (Resistance)

- Four-hour Chart: Potential W shape. If it breaks through the neckline, it is expected to initiate a slow upward oscillation, gradually recovering the recent decline.

- Trend Judgment: Short-term bullish, need to break through key resistance to confirm strength.

Trading Suggestions

- Entry Point: Long near 110400

- Target Levels:

1. First Target 111500

2. Second Target 112500 (look for higher after breaking)

- Stop Loss: Below 109800 (to prevent breaking key support)

Intra-day Focus Points

- Whether the four-hour closing stands above 111500, as a confirmation signal for rebound strength

- If the white plate continues to range around 110000, it is recommended to wait for a breakout before chasing long

- After breaking 113000, you can add positions in the direction of the trend to look for extension space #币圈合约